BIZTRAC BETA
Production of electricity from hydropower

SKAGERAK KRAFT AS

Org. no. 979563531 Limited company (AS) Porsgrunn Incorporated 1997 Active
Ownership graph ↗
Revenue 2024 NOK 3.9bn
Operating profit NOK 2.9bn
Equity NOK 5.5bn
Incorporated 1997
Employees 162
Share capital NOK 761.8m

Signals

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SKAGERAK KRAFT AS is registered as a limited company in Porsgrunn, Telemark with organisation number 979563531. The business is classified under production of electricity from hydropower (NACE 35.121). The company was incorporated in 1997 and has 162 registered employees. Registered share capital is NOK 761.8m, divided into 152361 shares. The company's stated purpose is: “Produksjon og omsetning av energi, utbygging av produksjonsanlegg for energi og aktviteter som står i forbindelse hermed, herunder deltagelse i annen virksomhet. Andre forretningsområder kan tas opp dersom det etter forretningsmessige vurderinger er interessant. Virksomheten skal drives på forretningsmessig grunnlag i henhold til lover og regler.”. The most recent filed accounts, for the 2024 financial year, show NOK 3.9bn in revenue and NOK 2.9bn in operating profit.

Key figures · 2024

Revenue
NOK 3.9bn
Operating profit
NOK 2.9bn
Equity
NOK 5.5bn
Est. value
NOK 10.7bn

Financial health · 2024

Liquidity
1.56
Good
Current assets ÷ current liabilities
Profitability
Not available
Return on total assets
Solidity
62.1%
Very good
Equity as a share of total capital

Who owns SKAGERAK KRAFT AS?

SKAGERAK ENERGI AS
SKAGERAK KRAFT AS
NOK 3.9bn rev. · NOK 2.9bn profit

SKAGERAK KRAFT AS has 1 registered shareholder:

All shareholders and roles →

Which companies does SKAGERAK KRAFT AS own?

SKAGERAK KRAFT AS holds stakes in 8 companies:

See the full ownership structure →

Group structure

SKAGERAK KRAFT AS er morselskap for 13 datterselskaper:

Frequently asked questions about SKAGERAK KRAFT AS

Who owns SKAGERAK KRAFT AS?

SKAGERAK ENERGI AS is the largest registered owner, with 100.0%.

What is the revenue of SKAGERAK KRAFT AS?

SKAGERAK KRAFT AS had revenue of NOK 3.9bn in 2024.

Who is the general manager of SKAGERAK KRAFT AS?

Geir Kulås is registered as general manager of SKAGERAK KRAFT AS.

Where is SKAGERAK KRAFT AS based?

SKAGERAK KRAFT AS has its business address in Porsgrunn.

Source: Biztrac.no · Data from the Brønnøysund Register Centre and the Norwegian Tax Administration · Last updated 15.06.2026.

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